The impact of EU Cohesion Policy has mainly been evaluated with regard to its growth effects. We extend the perspective … by investigating the impact of EU Cohesion Policy on public investments and budget deficits in order to learn more about … the channels through which this policy field works. Using a dataset of 27 EU countries for the time period 1982-2006, we …

. Its main purpose is to promote the development of the EU and to support convergence between the levels of development of … and provide some remarks for future research. -- Economic integration ; regional growth ; EU Cohesion Policy ; panel data …